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Ross Givens
Stock Trader & Educator
Traders Agency > Archives for June 13, 2022
Grayscale Bitcoin Trust (Short Idea) The Grayscale Bitcoin Trust (GBTC) is an exchange traded fund that gives investors access to Bitcoin in the form of a security. It trades like a stock and can be bought in any traditional brokerage account, so you don’t have to go through a digital currency exchange to trade it. …
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The market fell apart last week, with the Nasdaq 100 and S&P 500 each tumbling roughly 5%. This was the worst week for stocks since January. The catalyst? Inflation. Consumer Price Index (CPI) numbers showed another record level for inflation on Friday. The hope was that inflation had peaked and the May numbers would show …
The post Watchlist Update: Stocks Break Down as CPI Heats Up….
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Are Tech Stocks Done Or Not?
The stock market is having a very tough day. Bears appear to be running amok, and losses have been mounting in various sectors and indexes. This includes the technology-heavy Nasdaq 100 Index and the Nasdaq 100 Index futures contract (NQ). But while the index and the contract are down big today, it still may be …
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